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Strategies & Market Trends : Technical Analysis With Charts
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To: MACD X who started this subject8/29/2004 11:48:20 AM
From: MACD X  Read Replies (2) of 6865
 
CTHRUU 22 LOOKS BETTER THAN 26

stockcharts.com[w,a]dacayyay[d19970829,20040829][pb50!b200!f][vc60][iub14!la12,26,9!lf!lg][j35291658,y]&listNum=1

Trend line breaks often mark future highs and lows and mark resistance and support point often better than the conventional methods of using peaks and lows of the past. If this holds true the area around 22 has two trend breaks at the same place giving strength to this area for a future bottom. The nazdaq uses these breaks often, I may add a chart of it using this analyisis later.
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